Market Overview: Alpine F1 Team Fan Token/Tether (ALPINEUSDT)

Summary
• Price fluctuated between $0.547 and $0.561, forming a bullish pattern near resistance.
• Momentum accelerated with MACD crossing zero and RSI rising above 60.
• Volume surged during the final 5-minute interval, confirming strength in the move higher.

Market Overview

Alpine F1 Team Fan Token/Tether (ALPINEUSDT) opened at $0.547, reached a high of $0.561, and closed at $0.554 after fluctuating between $0.547 and $0.561. Total volume for the 24-hour window was 496,733.32 units, with a turnover of approximately $268,300.

Structure & Formations

Key support levels emerged around $0.547–$0.549, with price bouncing off this zone multiple times. A notable bullish engulfing pattern appeared near the $0.552–$0.553 range, indicating potential buying pressure. Resistance levels appear at $0.555 and above, with a decisive break above $0.555 likely to open the next bullish target.

Volatility and Indicators

Bollinger Bands widened as price surged toward the upper band in the final hours of the 24-hour window, signaling increased volatility and potential continuation. RSI rose above 60, indicating growing momentum, while MACD crossed zero and remained positive, suggesting bullish continuation.

Volume and Turnover

Volume and turnover spiked sharply during the final 5-minute interval, confirming strength in the move higher. No major divergences were observed between price and volume, suggesting healthy accumulation. The largest single 5-minute turnover occurred at $0.561, with 49,673.32 units traded.

Short-Term Outlook

Price may continue testing resistance at $0.555–$0.556 in the next 24 hours, with a breakout likely to extend gains toward $0.563. Traders should remain cautious of potential pullbacks toward key support levels at $0.55 and $0.547, where demand appears strong. A failure to hold above $0.55 could trigger a retest of earlier levels.